look, it's good to be here before i get started i want to make two comments. one, come on, thank you for that kind introduction. i think you don't like e. j.'s presence on stage, this can't be an outstanding chairman of the mba. is extreme the committee. he's been an extraordinary help over the past year since i've been here and he's going to be a great leader for us going forward. i also think it's good to see someone of you stand up for deb. deb was a remarkable chairman. she brought extraordinary integrity and credibility and enhanced the perspective of the mba in washington and a way that really helped us be viewed as a far more credible, careful thinking institution going forward. it's that kind of leadership we need over the longer. and also want to congratulate two people who were not mentioned by the next in line, to have this organization who make up our officers, phil cosgrove and bill, who are also extremely strong leaders of her industry and help this institution move forward. so look, i want to cover a path today. i want to talk about the 100 year